What is Entrepreneurs For North Texas (EFNT)?

A fund of Communities Foundation of Texas, EFNT assists small and mid-size companies serve as good corporate citizens by facilitating their community involvement and philanthropy in a way that's good for their business. 

Who can join Entrepreneurs For North Texas?

Both private and public companies can join at any stage.  Size and/or duration in business do not matter. 

How does a company get involved?

A company can join by either making a pledge of stock, paying for an annual cash membership, or by opening up a donor-advised fund with EFNT's parent organization, Communities Foundation of Texas (CFT).

If a company wants to join by making a pledge of stock, how many shares, or what dollar value is required?

Although there is no minimum number of shares required, EFNT typically asks companies to donate between 1/8 to 1% of their shares so that, upon a liquidity event, the member company will have a meaningful amount to donate to charities of their choice. 

If a company wants to join through an annual cash membership, how much does it cost?

With the amount of the fee dependant on the number of company employees, a company can join the network for a nominal amount:

1 - 10 employees       $1,000

11 - 50 employees     $2,500

50 + employees         $5,000

What are the benefits?

Benefits of joining EFNT's membership are plentiful and diverse!

1) EFNT operates as a virtual Community Affairs department providing member companies with an "off-the-shelf" infrastructure for the company to develop a strategic corporate community involvement plan. 

2) Membership provides access to the resources of EFNT's "Parent" organization, Communities Foundation of Texas (CFT) a well-respected 55 year-old public charity that will ensure prudent investment of the member company's charitable contributions

3) When member companies leverage the resources of EFNT, it makes the company a better place to work by enhancing team-building, recruiting, retention, morale and employee satisfaction

4) One of EFNT's most highly regarded value propositions is the fact that we host exclusive networking events that bring together like-minded corporate citizens to either celebrate corporate philanthropy (Spirit of Entrepreneurship) or experience quality time with high-profile and successful business leaders in the North Texas region (Leaders & Legends series)

5) If desired, member companies can gain positive publicity regarding their community involvement

6) Most of all, EFNT MAKES IT EASY TO DO GOOD!

Why join EFNT's network?

Joining EFNT gives companies a chance to give back to the community while enhancing the company's team building, recruiting, retention and morale.  It provides a virtual "staff" member who focuses on developing a corporate community involvement program.  Additionally, joining the Entrepreneurs Foundation of North Texas opens the door to the rapidly growing network of Entrepreneurs Foundations across the United States and in Israel that includes more than 300 companies and dozens of venture capital firms and professional service providers.

What other cities have EF affiliates?

Cities outside of Dallas, TX hosting EF affiliates include:  Austin, TX; Honolulu, HI;  Concord, NH; Tel Aviv, Israel;  Boston, MA;  Portland, OR;  Boulder, CO;  and Lexington, KY.   The newest site is currently launching in New Mexico.